Choosing Better Insurance Coverage

Few things are more important than having the right insurance coverage. About ten years ago, I was involved in a near-fatal crash where I experienced traumatic physical and emotional injuries. It was really challenging for me to endure the hospital stay and subsequent physical rehabilitation, but with the help of my medical team and my insurance company, I was able to overcome the challenge and completely recover. This blog is all about the importance of choosing the right insurance plan so that you can get on with your life and enjoy those precious years with your family and your friends.

Teenage Auto Insurance: How To Save On Costs

Insurance Blog

It's no secret that teenagers are high-risk drivers due to their inexperience behind the wheel. Therefore, an insurance company offers high quotes since parents are likely to file multiple claims within a short time. The good news is that you can save on your teenager's car insurance. Here are practical strategies to deploy to reduce hefty costs in teen insurance.

Enroll Teenagers in Driver's Education Course

It is no secret that teenage drivers present high risks on the road. On that account, you can instill excellent driving habits in them through a driver's training program. The teenager will learn how to drive safely and mind other motorists.

After completion, you will get discounts from an insurer since the course shows that the driver has gained expertise. Shop around for great discounts to save on costly car insurance.

Bundle the Coverage into a Family Policy

Besides a training program, you can bundle teenage car insurance into your policy. This strategy offers you a bundle discount and reduces the overall cost. If possible, you can ask an insurance agent to guide you throughout the entire process. For instance, consider consolidating all your policies with a single company.

It means that your home insurance, car insurance, and life insurance should be under one insurer. When you add your teenager to your auto insurance coverage, you earn multi-policy discounts. The trick here is to save money and still maintain adequate coverage.

Driving a Secure Car Model

New and expensive vehicles attract high premiums due to high repair and replacement expenses after an accident. For example, when your son or daughter drives a sports car, the rates will be high. The bright side is that there are safe vehicles to choose from in order to save costs. Older models with less powerful engines qualify for low monthly payments. Typically, it won't be too pricey to replace or repair wrecked parts.

Install Telematics

In the world of digitization, it's easy to track a driver's habits. Telematics lower teenage car insurance if the records are excellent. Consult your insurer if they have telematics to install in your teen's vehicle. Some of the crucial elements in telematics include:

  • Driving speed
  • Daily mileage
  • Hard brakes
  • Popular driving time in the day or night

Such driving habits can earn you a lower price based on the scoring. For instance, if a teenager does not drive very far or drives safely, they qualify for a discount. You only need to ensure that the policy fully protects your teenager.


29 July 2021